Vsa New Jersey
Nonprofit profile at a glance
- EIN
- 222336037
- IRS 990-EZ coverage
- 2012–2016
- Forms available
- Form 990-EZ 2016
- Location
- Old Bridge, NJ, USA
- Phone
- 7327453885
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $24,489
- Expenses
- $14,636
- Assets
- $29,601
- Liabilities
- $3,500
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JOHN CITO (VICE PRESIDENT)
- BARRY SOLOMON (PRESIDENT)
People named in this filing
- JOHN CITO (VICE PRESIDENT)
- CONNIE TOTH (SECRETARY)
- BARRY SOLOMON (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Art education activities
What it reported doing in 2016
Vsa New Jersey has statewide responsibility for undertaking and/or coordinating activities for handicapped artists. Activities include festivals, theatre and raising the awareness of non-challenged people.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 100
- Sustainability: 70
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.6%; rating input score 31
- Program expense ratio: 51.2%; rating input score 51
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 40.2%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 2.02; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -29.2% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -21.6% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -15.8% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 30.6% of revenue deployed · 51.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $8K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2012 to 2016
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.